The Democratic gubernatorial candidate tells THR he would support a lawsuit from the Attorney General to stop David Ellison from owning CNN. He also believes tax credits are only part of the Hollywood solution.

Paramount defended its proposed merger with Warner Bros. Discovery to California Attorney General Rob Bonta, who is considering a challenge to the transaction. In a letter to Bonta last week, Paramount’s chief legal officer, Makan Delrahim, said that the combined companies would have the incentive to boost theatrical distribution, not reduce it.

Absent something transformative, neither party is positioned to grow to a scale where they would catch up to the leading streamers,” Delrahim said.

Over 1,000 filmmakers, actors and industry professionals signed an open letter opposing Warner Bros. Discovery's proposed $110 billion merger with Paramount Skydance, warning it would reduce competition and deepen consolidation in the U.S. media sector.

In 2018, Saudi Arabia removed its religious ban on cinema and revealed its intentions to transform itself from an oil-based economy into an entertainment powerhouse. The goal was to use the country’s wealth to not only invest in media companies,

New antitrust funding in Gavin Newsom's last budget as governor could provide a clue as to what California plans to do about the contentious Paramount & WBD merger